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Patrick Collison, CEO of Stripe, said the company had been considering the development of a stablecoin-based product for nearly a decade and that the moment to bring it to market has now arrived
Stripe’s CEO Patrick Collison announced a stablecoin product powered by Bridge
Stripe, through its acquisition of Bridge finalized in 2024 for $1.1 billion, equipped itself with the infrastructure needed to develop and launch its new stablecoin product
Bridge is a stablecoin infrastructure platform that provides APIs to simplify global money movement and safe payment gateways between fiat and stablecoins

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